Kurt Wagner Katie Roof And Ed Hammond Bloomberg

Elon Musk plans to assume the role of chief executive officer at Twitter Inc. after completing his $44 billion acquisition, taking the helm of the social media giant on top of leading Tesla Inc. and SpaceX.

Elon Musk completed his $44 billion acquisition of Twitter Inc., according to people familiar with the matter, putting the world's richest man in charge of the struggling social network after six months of public and legal wrangling over the deal.

Elon Musk plans to assume the role of chief executive officer at Twitter Inc. after completing his $44 billion acquisition, taking the helm of the social media giant on top of leading Tesla Inc. and SpaceX.

Elon Musk completed his $44 billion acquisition of Twitter Inc., according to people familiar with the matter, putting the world's richest man in charge of the struggling social network after six months of public and legal wrangling over the deal.